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GlobalWafers' subsidiary MEMC Electronic Materials S.p.A. received a €103 million R&D grant from the Italian government and EU Commission to build Europe's most advanced 300mm semiconductor wafer production facility in Novara, Italy.
“Our new MEMC 300mm production facility will support the creation of downstream products in all four of the high-tech Workstreams targeted by the IPCEI-ME/CT program”sas-globalwafers.com
Summarized from public sources; check the original articles before acting on it.